Rite Aid Announces EarningsThursday, April 12, 10:36 AM ET

Rite Aid (NYSE:RAD) announced that it lost $163.8 million, or 18 cents per share, during the fourth quarter, versus a loss of $205.7 million, or 24 cents per share, in the same period last year. Revenue increased to $7.15 billion from $6.46 billion. Excluding one time items, the company lost 4 cents per share. Analysts had expected the company to lose 14 cents per share on revenue of $7.12 billion. Rite Aid expects to lose between 13 and 31 cents per share during 2013, and expects same store sales to range from flat to up by 1.5 percent.

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